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president obama won reelection . he holds the edge in the discussion right now . speaker of the house john boehner immediately saying he generally supportive of trying to close the loop holes. do you see that as raising taxes? >> what boehner said and in the republican position since republican we should reduce rates have economic growth many of which are put in by obama for the solyndra green-type energy programs. let's bring the rates down. boehner was clear he wanted increase revenues it is not a tax increase to put more americans at work. if our recovery was growing the rate reagans did more americans would be at work. in terms of raising revenue which boehner grew about. if you grew the economy at reagan levels instead of two percent and obama and french levels, just growing faster and do that for a decade, the federal government gets trillions in taxes. we could undo the damage by having higher growth. >> gretchen: that's the difference in ideology. raise it to 3#.9 percent x. replace the alternative minimum tax with the buffet and raise the state tax and long-term capitol gains from
of the problem. for him suggesting how we fix our fiscal problems is not going to resinate with obama at this point. >> no, but he tries to look like he's rising above. >> but lloyd is right, he's a smart guy, knows how to run a business, knows what the private sector and growth could help all of our fiscal problems and he's right about this. but i don't know how far he gets with it because he's lloyd blankfein of goldman sachs. but becky's got it here. you're rising above. obama seeking $1.6 trillion, you say that's his opening bid. >> because this is double when talks had broken off. $800 million in tax -- the revenue increases. we want $4 trillion -- >> so it was $3.2 trillion to $800 billion, that was 4 to 1. his opening bid is 1 1/2 to 1. >> the final negotiation should get somewhere between $1 trillion to 1.2 trillion in tax increases, revenue increases. >> $2.8 trillion in spending cuts. >> all right. if you -- if you -- >> you can't look at me anymore. >> i can't look at you. because i'm wondering it's on his right year, what does that mean -- i don't know. i could never keep
obama on the podium. he was aggressive, particularly on the issue of susan rice. >> you're right. this is not the kind of emotion that we have grown to see from the president. he tends to hold back a bit, not be as emotional. this was an area where the president came out very strong, saying that these attacks from republicans have simply been unfair. he called them outrageous. he said if they want to point fenger at anyone, attack anyone, they should dop it the ahim. take a listen. >> but for them to go after the u.n. ambassador who had nothing to do with benghazi and was simply making a presentation based on intelligence she had received and besmirch her reputation is outrageous. and, you know, we're after an election now. >> the president also had some very strong words when it came to those bush era tax cuts saying that he will not extend them for the wealthiest of americans. he wants a comprehensive plan so that middle class americans won't be impacted over the long haul and the president believing and saying that even other economists agree as well that wealthy americans can
. >> all right. also in "newsweek," the question about whether president obama's the lucky general or master of the game and explain to us the focus of the story. >> sort of moving from the unlucky general -- >> yes, who knew that generals wither going to be such an issue this week. really examines that charge in a sense that obama's always been about luck. he even became a senator in illinois out of luck because his opponent was mad in scandal. there have been many times when it seems as if obama has been saved by the gaunt. he was in a bad trajectory after the debate and hurricane sandy happened and suddenly he was thrust into a very presidential spotlight that made him look better. but what concludes at the end, yes, he has had elements of luck in his career, but this is really about opportunity meeting preparation. and you have to make your luck, you know. willing to be lucky. obama is very, very brilliant, i think, at making his own luck by preparation and as you saw that with osama bin laden, that was long, long in the preparation. long in the preparation. and as we saw in th
happens. thank you. >> all right. >>> president obama got a firsthand look today at parts of new york that were hardest hit by superstorm sandy. thousands of new yorkers, yes, thousands of new yorkers still don't have power two and a half weeks after sandy hit. the storm is raising serious questions about the government's response, even bigger questions about weather patterns, at least for some. let's bring in our white house correspondent brianna keilar -- actually, brianna is not yet available i'm told. but we do expect to get her up soon. we'll speak to brianna keilar momentarily. we'll also have a quick check of some of the day's other top stories. that's coming up including mitt romney, did he hurt himself with gaffes during his presidential campaign? is he hurting the republican party right now with his latest comments, the louisiana governor, bobby jindal, he's standing by to join us live. (splashing)... (child screaming underwater)... (underwater noises). >>> we've reconnected with brianna keilar, our white house correspondent, brianna keilar, is watching what's going on in ne
obama tried to bring in -- hilary was the big rival at the beginning. somebody asked him early on right after he won the nomination would you really be willing to put into your cabinet a rival even if his or her style was an occasional pain in the butt. he quoted lincoln. ep said the country is in peril, strongest people i want by my side. he tried to bring in judd greg and biden. the trouble with our country it's so divided the other party feel it's a traitor to join a cabinet and even in fdr's time he brought two top republicans into his cabinet. he brought in businessmen. we got figure that out now. we're under a common problem to get this economy going again. he'll bring in who he can. >> is it true he sought you out to talk about lincoln. >> the interesting thing he was still running for the nomination and i had my cell phone and i picked it up and on the other end it said barack obama i just finished team of rivals and we have to talk. he wanted to talk about lincoln's emotional intelligence. he couldn't believe this man was able to forgive things that had happened in the past, he
the weekend president obama -- >> do you think they all have their own monk. >> maybe they should get one. i actually think they probably do. >>> all right. the president spoke with five influential business leaders including warren buffet and apple's tim cook to get their look on the lopg-term deficit plan. interesting. >> the budget talks are weighing over wall street. companies are scaling back ahead of what could be a devastating combination of tax hikes and deep spending cuts. let's get the very latest from cnbc's karen cho. she is live in london for us. karen, what's going on? >> thanks very much, joe. there's been anecdotal evidence that u.s. companies have been scaling back. "the wall street journal" has gone out there and done a bit of investigation looking at the s.e.c. filings and taking the turn from ceos and cfos and have come up with figures that half of the listed big corporate spenders have hit the brakes on spending this year. in particular we've seen it show up in equipment and software spending. this is flat line since 2009. this is seen as one of the sectors that's somewh
the church won't give up it's fight against president obama's birth control healthcare mandate. he said they will move forward with lawsuits, arguing all employers should be able to opt out of free birth control coverage, so says the cardinal. all right. rich, back to you. >> thanks very much. >> we know there's no place like home so imagine this woman's reaction from government bulldozers rolled up to her front yard looking to take back a piece of land that's been in her family for 200 years. but after crews ripped up the road, construction was called off and they nixed the project and offered her a settlement to keep her mouth shut. good morning. >> good morning. >> so sorry this happened to you. this is what we call eminent domain where the government, a town, a county has the power to come in and take over land if they want to. but in this case, after they did that, i'm sure you weren't happy with that initially, but then they nixed the project. so where does it stand now? what do you want? >> right now my road is damaged. i have trees of that been torn down, shrubs of that been tor
it. yeah, we get it. followers. >> all right. abe livingon is returning to the white house tonight. speel stephenberg and the members of the cast of "lincoln" will be joining president obama for a screening of the film. cast members expected to attend are sally field and tommy lee jones. >>> stephanie bon jovi, the 19-year-old daughter of bonn john joefy was hospitalized and faces drug charges after a heroin overdose. they found bon jovi unresponsive in a dorm on her college campus. police later discovered heroin, marijuana and drug paraphernalia in the room. that led to her arrest. >>> dave matthews group is the late toast pledge aid. the band is donating all sales from the november 30 aj concert to a hurricane relief fund. they're expected to bring in $1 million. way to go, dave. >>> finally, access hollywood asked ben affleck, the 2002 sexiest man alive if channing tatum is deserving of the title. check out what he had to say. >> i think he is and always has been. channing is a really good guy. he's a very good guy. an extremely sexy man. i mean what else can you say? >> is and
. we do want to know your thoughts. now, the president, of course, came right out and defended secretary -- ambassador rice. can we hear that first clip, dan. >> obama: let me say specifically about susan rice, she has do not exemplary work. she has represented the united states and our interests in the united nations with skill and professionalism and toughness and grace. >> john: well-spoken. he came out a few minutes later and this, i guess would probably be the clip of the day yesterday where we saw the guy we voted for in 2008. >> obama: if senator mccain and senator graham and others want to go after somebody, they should go after me. and i'm happy to have that discussion with them. but for them to go after the u.n. ambassador? who had nothing to do with benghazi? and was simply making a presentation based on intelligence that she had received? and besmirch her reputation? it is outrageous. >> john: dan, it seems pretty open and shut to me. what's your take? >> absolutely. >> john: i don't know how
on the right have short memories. that shocked democrats and got their ground operation up and running sooner than they would have otherwise. >> barack obama started building his cam paint day after he got elected. the republican party has an infrastructure problem. i assume they probably figured that out and will work on that over the next four years because that in the end of the day i think is why yes they had a problem with their message, yes, they picked a candidate who was sort of particularly ill suited for the times, but at the same time i think a lot of this has to do with the fact that obama knew where his voters were, who they were, and bombarded them and turned them out. bill: stayed in contact with them for four years and went through them to find other potential voters who weren't there in situate. in the even it's pretty simple. michigan beat iowa 42-17. >> i had a feeling they didn't score many points if he was joking about the offensive coordinator. bill: send me a tweet at bill hemmer because you asked. martha: the fiscal cliff is looming. nancy pelosi drawing a fine the san
. hannity starts right here right now. >> that was each and every passing day americans are learning from scandals, events and even acts of war that the obama administration worked to keep secret until after the election. on friday, three days after, we learn that david petraeus, the head of the cia, was stepping down because of an extramarital affair. first i want to say that david petraeus is one of a greatest genuine hero. he is the first general in generations to turn around a war america was losing to iraq and 2006 and 2007 and he helped divert defeat. and for general petraeus to do what he did when he was director of the central intelligence agency, it was triple problem inmatic and opened him up to blackmail. for people who say it's a private matter, you are simply wrong. you can't have the cia director of america involved in a fair. once the affair was revealed, there was not a question in petraeus's mind that he needed to resign. but the story doesn't simply end there. now the white house claims that the president first received information about the affair on thursday. but a sou
, pennsylvania's arlen specter and bob bennett of utah lost their re-election bids in 2010. all right, enough of that real news, we'll gather around the water cooler and talk about the angry letters that the white house has been receiving since president obama's re-election. many solidly conservative states have been flooding the white house's we the people website with petition requests to secede from the union of the united states. for help on that john stuart n >> they have received petitions from 20 states who would like to cede from the union. >> wait. i'm not sure exactly which 20 states those are or which people they are in those states but i think i can express how i feel about these states and people in the words of the great william wonka. >> stop, don't come back. [ applause ] >> at least now i'm beginning to understand why southern states were always so hesitant to get rid of the confederate flag. it was like keeping your fat pants after you lose some weight. you're happy now with the new you but pretty soon you'll need those fat pants again. oh, domino's in staten island. >> alwa
on their parent's health care plans until they're 26. if i recall right, governor romney said, hey, that was a part of the affordable care act, a part of obama care that he was going to try to keep. so to go of a the president's vote on the basis that we protected more young people from, you know, catastrophic health care costs, that we wanted to make sure people have access to birth control, and those kind of things, i think is going to strike the american people as just kind of very off kilter, and clearly some of the governor, republican governors and others recognize that it's another romney mistake. >> congressman chris van hollen with us this morning. nice to see you. appreciate you, as always. >>> christine's minding your business this morning. news on the stock market and bad news out of europe. >> yeah, lots going on. first let's talk about the markets, you guys. stock futures are up after a really tough day yesterday. since election day, the dow is down nearly 700 points since the election. this morning we learned that the euro zone has fallen back into recession. that's
the higher cos, do we stop going to all these places? >> right. and this is like do we take all of the companies that have donated large amounts of money to obama and stopoing to those companies too? this does not make sense. and you know, so what we're doing is -- >> you know, would you draw the line on a barbara streisand concert though. >> i probably would draw the line on a barbara streisand concert. >> you know, i was -- i was thinking ahead of you coming on, we might think twice, a lot of ceos might, i hope they don't, but, because, i it i one thing not to like the ceo or company but from chick-fil-a and all other businesses when we go after them and economically try to make them suffer for their opinions, that is not good. >> it does nothing positive for the economy. one thing we want to take note of, one thing that left likes to push as far as rhetoric, you saw it with the elect, mitt romney hates the poor, considers hate the poor, if you check out event on facebook, national papa john appreciate day, you see we're specifically advocating, if you are in a financial posit
this is how the president did it. >> and also paul ryan talking about the urban vote. norah? >> that's right. john, it was almost as if romney told supporters that obama won because he gave a chicken in every pot to everybody. >> exactly. and he's now become to -- this was essentially the sentiment at the heart of that secretly recorded video that came out during the campaign where he talked about the 47%, the people so dependent on government they would vote for the president because he was going to hand things out. romney spent several weeks then trying to walk back from that statement. now he seems to be embracing it aga again, the idea basically that these voters are so easily manipulated that the president merely needed to dangle a thing or two in front of them and they would rush to him at the polls. the reason you would embrace this argument if you're in the romney camp is because the alternative argument, that they totally misread the electorate is a more painful one to embrace. >> the notion that nancy cordes raised, is the president clearly desirous of reaching out with good intent
, there is a mutually assured let's cool the rhetoric on that down right now because it is not helpful toward moving toward a deal. but it is a big underlying concern. when president obama goes to asia, in the coming week, a lot of asian nations who are concerned about china's rise are concerned about a sequestration particularly the automatic defense cuts that would take place. it is still a very real concern. there is on some gut level in d.c., a feeling of let's not even talk about this right now. nobody wants this to happen. >> correct me if i'm wrong but don't we have to deal with raising the debt ceiling again before too long. >> let's not talk about that either. there are so many things piling up that either have to happen by the end of the year or would kick in early next year or you know february doesn't seem like that far away, right. so there are a number of things that are in some way daisy chained together as part of these negotiations. >> we're talking to margaret talev, white house correspondent for bloomberg new
as burma and cambodia and he heads there in about 12 hours after he overnight here in bangkok. >> all right, chuck todd, thank you. david gregory is moderator of "meet the press." good to see you. president obama has not really inserted himself in the mideast peace process to the extent that his predecessors have. given this current explosion of violence with hamas, given the changes in the arab world we've seen over the last two years, will he have to become more involved? >> i think he probably will. and whether he pursues what a lot of presidents pursue in its second term and that is mideast peace between israelis and palestinians, i think is an open question based on conditions on the ground. and what we're seeing now is part of that. is there a reasonable basis to begin those negotiations? right now he's got perhaps an even more difficult job, which is to make sure countries like egypt don't throw their weight behind hamas against israel, that egypt acts as a kind of restraining partner, which is what it's typically done with militants in the area, and that's why the president's conver
" this morning, negotiations happening right now. but will it stop the bloodshed between gaza and israel? anderson cooper live for us this morning in gaza. >> president obama takes a historic trip to myanmar and cambodia. what he has to say and why everyone is not happy the president is even there? >> is the black friday frenzy all just a big scam? how you can stay home this year and still get the best deals. >>> the clock is ticking here on the fiscal cliff. we continue to talk about it. 43 days to go. why there is new optimism there will be a deal reached soon. >> it is monday, november 19th. "starting point" begins right now. >>> good morning, everyone. soledad is off today. we want to welcome in our special team that's joined us here. "new york times" columnist. nan hayworth. ron brownstein, cnn political analyst is here as well. >> welcome to you all. we will be talking here in a moment. we have to begin with the huge story. "starting point," this morning, death and despair mounting in the middle east. the conflict in gaza city, it is intensifying. it's been intensifying overnight.
, the biggest issue for the markets right now seems to be the uncertainty surrounding the fiscal cliff. yesterday business leaders urged president obama and lawmakers to prevent a year end across board tax rise that will go into act unless congress acts. >> he understands it requires a combination of tax increases and title refor and discretionary spending cuts that dnl democrats and republicans have to work together. i'm is sure there will be a lot of forth and back between republicans and democrats, the congress and the president as they start to work their way to a deal. but i'd say there's strong recognition of the significant of getting a deal for the ben fft t benefit of the american public. >> this is all about trying to make american business more competitive, trying to have a fair balanced approach to tax refo reform. the president was clear he wants a balanced approach and we were clear we are behind him. >> top the president and top member of congress will be meeting. cnbc is urging leaders to rise above partisan rhetoric to try to find a solution and in that spirit, we have
for a full 60 days. use promo code: gethelp. plus get this document shredder free-- but only if you act right now. call the number on your screen now! >> i am dennis kneale. >> i am cheryl casone. noon eastern time and here is the question, tax the rich? president obama to hit the hardwood in a couple of hours. he is now insisting on a $1.6 trillion tax increase, but we have a ceo who says the president is meeting with the wrong people. he says small business is really holding all the cards right now. dennis: general alarm. the general agreement testified to congress. we are alive at the pentagon with the latest. cheryl: retail sales falling as we head into the holy grail of profits. black friday and the christmas shopping season. we have two analysts with the stocks to buy the stocks to dump. dennis: nicole petallides, so the dow turned lower, nicole. nicole: at least it looks like they have been dumping them more than buying them lately, cheryl and dennis. down almost 60 points on the dow jones industrial. we recoup some losses we saw earlier today, but the bank index has been under pressur
obama at his news conference when he felt like republicans senators were beating up unnecessarily on susan rice? >> i think the republican senators were right in raising the question of why did soup rice go on five stations, five or six days after that -- and i don't think they were beating up on susan rice. in a way, i don't think it's all about susan rice. i think it's actually what happened. who made the memo changes, what did the white house know, when did they know it, what were they told and why did the president give a speech at the u.n. talking about the video when it was really a terrorist attack by al-qaeda and other groups like that? >> ultimately you think you'll get the committee? >> i think the american people will demand it. >> great to have you on board. thank you for joining us. >> thank you. >> stay with us. fair and balanced next in the second half hour of our discussion on this subject, the congressman, adam schiff, views on the petraeus testimony will also be explained here. stay with us [ male announcer ] this is anna, her long day teaching the perfect swing
to an eagerness or willingness to engage or become involved militarily in that conflict. >> all right, ben. in jerusalem this morning. thanks. >>> coming up later, soledad will be speaking to israel's deputy foreign minister. that's in our 7:00 hour. >>> here at home, president obama will have the four top leaders of congress over to the white house today to begin talks on avoiding the fiscal cliff, which could plunge the u.s. economy back into a recession. both side say there is room for compromise, but at the same time, it appears democrats and republicans may have dug in on their long-held positions concerning tax hikes and spending cuts. jill doherty is in our washington bureau. good morning to you. >> good morning. >> jill, both sides have said they are optimistic about a deal here. they're also not budging on some key issues. >> yeah, i mean, there is some room around the edges, but essentially, and this is the the opening gambit, of course. they're both talking about taxes. the president saying -- and revenue. the president saying that he wants more revenue from the wealthiest ameri
's right, wolf. robert bentley says the state will opt out of the state insurance exchange under the affordable health care act commonly called obama care. the governor says alabama will not expand state medicaid programs because the state can't afford it. states have until this friday to announce if they will participate in an exchange program. >>> and democratic congressman jesse jackson junior is out of mayo clinic where he was treated for bipolar depression, despite embroiled in a house ethics investigation for misuse of campaign funds. he won re-election last week, he has been on leave of absence since june. >>> and john mcafee says he is innocent of murder and is on the run from authorities in central america. he is wanted in belize for questioning after his neighbor, a u.s. citizen, was found shot to death last weekend. mcafee left his namesake internet security firm in 1994. >>> and massachusetts police say an er doctor driving drunk and on pills caused this unbelievable crash. it wasn't even 9:00 in the morning when police say the woman behind the wheel hit a delivery tr
petraeus on capitol hill right now. the first time we've seen him since he resigned over an affair. will he put those questions to rest about benghazi? >>> president obama welcomes congressional leaders to the white house this morning. same people, same ideas on the table. is there a new willingness, though, to compromise? >>> a tragedy in texas. a freight train crashes into a parade float carrying veterans. the question is, what went wrong? >>> former director of the budget office, peter orszag will join us, jeff sessions is with us, actress jada pinkett smith will join us and kelly reilly from the movie "flight." "starting point" begins right now. welcome back, everybody. our team this morning, richard socarides is with us. economics editor at the economist. will cain is a columnist at the blaze.com. john berman is with us, helping us out with news. christine romans is sticking around, helping us out with business. fiscal cliff, 46 days and counting, we'll fall off the fiscal cliff. although some people have talked about it as being a gentle slope. >> don't believe that. if it's a slope i
. it just wasn't enough at the end of the day and we just have to accept that. >> ryan says president obama's re-election campaign did a better job of getting voters to the polls. and he says they won fair and square. >> that was an interesting interview. interesting to see that. all right, thank you, john. appreciate it. still ahead this morning on "starting point," going to have more on those breaking news stories. two major u.s. leaders caught up in a sex scandal. the investigation began months ago in the summer so why did the fbi not tell congress any earlier? we're going to be chatting with jason chaffetz, he's a member of the house oversight committee up next. [ male announcer ] this is anna, her long day teaching the perfect swing begins with back pain and a choice. take advil, and maybe have to take up to four in a day. or take aleve, which can relieve pain all day with just two pills. good eye. two. three. my credit card rewards are easy to remember. with the bankamericard cash rewards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3
. hearings are underway right now on capitol hill and lawmakers are still trying to figure out what exactly went wrong on september 11th that led to the murder of four americans. the hearings coming a day after president obama defended u.n. ambassador susan rice who was criticized for her remarks immediately following this attack. she is reportedly in contention to succeed hillary clinton as our secretary of state, take a listen. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. and i'm happy to have that discussion with them. but for them to go after the u.n. ambassador who had nothing to do with benghazi and was simply making a presentation based on intelligence that she had received, and to besmurch her reputation is outrageous. jenna: senator john cornyn of texas what's elected to be the senate's minority whip, a bit of a promotion if you will. thanks to have you back on the program. >> thank you, jenna, good to be with you. jenna: your reaction on what the president had to say yesterday in. >> i thought it was an overreaction to say
conversations. total game changer if hillary clinton sort of sticks to it and says i'm not running, right? >> i'm sorry, chris. say that again. >> a total game changer if hillary clinton decides definitely not to run. >> yeah, i think, as i said i think democrats are excited about what president obama has done through this election cycle and excited about the possibilities of solving problems. i don't think they're focused on the campaign in 2016. >> oh, come on, these conversations are not being had? >> all those people you mention, vice president biden was my seat made in the senate, a fabulous leader, wonderful, works wonderfully with the senate. does a tremendous job as vice president. we have a lot of great candidates on the democratic side that are possible, but i don't think they'll want to start talking about it. i think they'll want to start working hard on the problems we see that we can solve and chip says, the people will see what this next four years produces and i think democrats want to make sure that they're working in a bipartisan way to find the solutions and make these next f
to meditate. clearly you need to calm him. take it down a notch. >> that's right. >> all right, thanks alina. there are just 50 days until the u.s. faces that fiscal cliff. president obama has invited leaders from the house and the senate to the white house on friday to talk about some solutions. some of last year's dead ends still fresh in everybody's minds. the gang of eight, senate negotiators are going to meet sometime this week as well. republicans say maybe a deal isn't so far off listen. >> i think there is a deal. the yin and yang of this is we know there has to be revenues. and i think look i haven't met a wealthy republican or democrat in tennessee that's not willing to contribute more as long as they know we solved the problem. so the ying of revenue we understand. i thinkth a very good pro-growth way of putting that in place so you're actually getting revenues from people like me and other folks that make above "x" dollars. what you have to have tied to that is true entitlement reform. >> grover norquist is the president of americans for tax reform. he's also the author of debacl
million and above it's less and that's all i'm hearing from the obama administration peter at this point, is that high end thing. that doesn't solve anything at this point. >> right. raising tax rates and saying that's the only way to get revenue is a false choice. all we need to do is grow the economy more than it is today and you will get higher revenues. that's the simple math and again, the context of where we're going with these tax hikes is the u.s. economy is barely growing and why would we want to damage that? why do we want to shrink the private sector just as the time we need to increase it. >> they point out the president, when he signed the last compromise when he did the two-year extension he said it's not the right time to raise taxes. they do understand it can be below 250, more deleterious because people above 250 don't save it or they spend it. they understand it's not good for the economy. the $82 billion we were able to get might hurt the economy to the same extent we'll still be at $1 trillion and at $20 trillion within four or five years. >> last week we talked to da
this morning that he did on friday afternoon. i'll ask it to you right now. >> absolutely, i am. here's why. two reasons. they're the two men that head their respective parties. president obama doesn't have another election to undergo. and so he's removed from the weight of addressing entitlement reform which we must do. so the very far left can't pull him back from doing that. and then you have mr. boehner that i think we democrats should be thankful is head of the house of representatives who almost came to a grand bargain two summers ago with the president. now he's heading a party that's a bit chastised by not appearing modern and enough alike in this last election by the electorate. i think if these two men, particularly if they take the template of the bowles/simpson commission of having both revenues and entitlement reform and spending cuts, can come to a bargain to do that. not to do it, you know as well as i do, carl. that means by mid-march when that debt ceiling is hit, because we can't move the money anymore in treasury, we will have a broken american dream. they've got to do th
the new book. >> gretchen: he had his sites set on president obama. he was convicted in a botched bomb plot . darth vader really his dad home from war. >> yeah. it is. daddy. i told him, sure. can't hurt, right? then i heard this news about a multivitamin study looking at long-term health benefits for men over 50. the one they used in that study... centrum silver. that's what i take. my doctor! he knows his stuff. [ male announcer ] centrum. the most recommended. most preferred. most studied. centrum, always your most complete. >> gretchen: good morning, everyone. it's tuesday, november 13, 2012. i'm gretchen carlson. thanks for sharing your time with us today. we start with a fox news alert. shocking twist. another general under investigation now. this time it's the nation's top commander in afghanistan, general john allen. why was he allegedly sending 30,000 pages of e-mails to the same woman who exposed general petraeus? >> brian: exactly one week after losing a hard fought battle, paul ryan speaking out. >> i'm still a house budget chair, so as i see things, it's part of my job to
environment be easier for us. as a small business owner it's very difficult right now. we don't know where taxes are going, we don't know the situation with healthcare, regulations are increasing every day. say, hey, listen mr. obama, look what happened over the last four years. businesses had to cutback and stop spending. and by doing that a lot of corporations actually inc increased their bottom line. what the government wants to do is bring in more revenue by taxing but keep spending the same amount. at the end of the day nothing changes. they need to give president obama a business 101 course, stop spending and bring in more revenue. >> the budget is actually going to grow even if the sequester were to go into place okay. the budget would grow. the federal government would continue spending even more. we are on a trajectory that is unsustainable here. bill: could you bend that curve with different policy? >> sure, i am ever hopeful that, and you allowed american business to be incensted to do business, brings would tkpwroerbgs it would list government revenues, it would lift this econo
. >> that's what clean living will do. >> there you go. you had a great interview, it's up right now with david axelrod, kind of a postmortem after the election. what jumped out at you talking to him? >> i went to obama headquarters in chicago on friday, the last day that it was in operation, all the joyful young people were -- it was like the last day of school. >> you really are 102. using the term "joyful young people." go ahead. >> they were trading gmails, hugging each other as they headed out. and david axelrod sat down, put up his feet on his desk and talked a little bit about the campaign. and i asked him about the biggest mistakes the romney campaign made. and he told us that he had expected that back january, february, march before the obama campaign really had its footing, that the republican outside groups, the super pacs, would really hammer president obama on deficit deficits, kind of put him in a hole on that, and set the narrative of what axelrod said he was afraid of, a gold watch strategy, setting the idea that president obama was an historic figure. he was a good g
world is watching. but the big question right now is will washington do something to stop it? we'll talk to one of the leading voices on the nation's debt, former senator alan simpson. the co-chair of president obama's debt commission, but, first -- >> on the heels of veterans day, we're putting veterans in focus this week, including a colonel who is the first double amputee to command an army post. he embodies the sacrifices and triumphs of our veterans. meet colonel gregory goetzen. >> may 7th, 2007, my vehicle was struck by a roadside bomb in baghdad, iraq. i remember the explosion very clearly. it is something i'll never forget and over the next two weeks i would lose my legs above the knee. when i came home, of course, wounded, that was -- that was a new experience for me. i had never come home without my troops. i really felt alone. i did say absolutely enough is enough. it was -- not that i got to a point where i felt like i was going to take my life or anything like that, but i just didn't want to be a burden on anyone. i just wanted to just crawl in my hole and kind of collapse
this morning. we were down 60 points on the dow right at the open, and we've essentially moved 130 points. a couple of pieces of speculation floating around. one is, of course, president obama will be meeting with business leaders, labor leaders this afternoon to talk about the fiscal cliff. there's a lot of expectations of high-profile headlines that are out there, that may be helpful to the markets. that's number one. number two, i want to put up the spanish yield. you heard simon just mentioning that. when i called around and said, boy, this is an interesting little rally, a lot of people pointed to this big plunge in spanish yields that's going on today. i don't have a lot of news for you at all here. there's been some vague speculation that the ecb may begin buying spanish bonds. that's been around for a long time. some vague speculations about that, but that was certainly a factor, i think, in pushing up more markets as well. let me move on here to talk about home depot. the key story of this morning was home depot. i hope y'all don't think that hurricane sandy was the necessary maj
the same idea last week. we saw coal stocks sell off right after election day. now coal production hit a historical high in 2008. it tumbled a year later but stail stabilized. the reality is that it's kind of hard to blame obama for everything. utility companies have been ditching coal for natural gas, which is cheaper and cleaner and new rules go into effect in 2015 that will make coal production and coal-fired power plants even more expensive to run. those rules, by the way, carol, stem from the clean air act signed into law by richard nixon. carol? >> you don't have all bad news for us this morning, tell us about the employees of westgate resort. >> this is a real interesting one. david siegle, their ceo, threatened drastic action if president obama was re-elected. instead he is turning around and giving employees a 5% raise. he says they'll need the raise to deal with the increased cost that everyone is going to have to face as obama takes on his second term. he also says with obama re-elected, he's hoping to maintain profits with his company and growth but also admits hiring -- it
. right now the euro seems to believe they will. >> two-week high here. >> as we have been mentioning throughout the show president obama stepped up his lobbying efforts around a fiscal cliff resolution thing weekend before leaving for asia. making calls to jamie dimon, warren buffett, tim cook, several other notable luminaries in the world of business. we know jumping off the cliff or falling off the cliff would impact u.s. gdp. but how much? who better to ask than steve liesman. give me the answers. how much. >> i'm going give you two answers. i will give thank you broader answer but we are also going to take a look now at something here's not been done before. how the fiscal cliff goes down to a state level and county by county level as well. take a look at the overall numbers. p this is the question david asked. here is the 2013 impact. drilled down here. nondefense spending $40 billion comes off. defense spending, $24 billion. bush taxes, $42 billion for the wrelthy. that takes a drop of $503 billion. we sandt studded can't saw how exactly it spreads out but we can say where fede
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